( ) -q-22- UNDATED (Correspondent Jeremy House) “by Wall Street.” DoorDash’s revenues and orders exceeded expectations for the fourth quarter, although its net losses failed to shrink as quickly as Wall Street had hoped. [CutID: <Cuts> DOORDASH-REVENUES-house-q-FRIam.mp3 Time: 22s Title: DOORDASH-REVENUES-house-q-FRIam Out-cue: by Wall Street] TAG: Correspondent Jeremy House reporting. The company’s net loss narrowed […]
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DoorDash orders and revenue beat Wall Street expectations despite disappointing net losses
( ) -q-22- UNDATED (Correspondent Jeremy House) “by Wall Street.”
DoorDash’s revenues and orders exceeded expectations for the fourth quarter, although its net losses failed to shrink as quickly as Wall Street had hoped.
[CutID: <Cuts> DOORDASH-REVENUES-house-q-FRIam.mp3
Time: 22s
Title: DOORDASH-REVENUES-house-q-FRIam
Out-cue: by Wall Street]
TAG: Correspondent Jeremy House reporting. The company’s net loss narrowed to $156 million in the quarter, down from $642 million in the year-earlier period. Analysts, however, had expected them to narrow further to $61 million.
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VERBATIM: The San Francisco delivery company says its revenues rose 27% to $2.3 billion in the October-to-December period. That slightly exceeded the $2.25 billion analysts had projected. Total orders rose 23% to 574 million compared to the 561.3 million forecast by Wall Street.